Affiliated business entity definition
Affiliated business entity means a business entity in which the taxpayer, directly or indirectly, has more than fifty percent (50%) ownership interest or a business entity that, directly or indirectly, has more than fifty percent (50%) ownership interest in the taxpayer.
Affiliated business entity of a person means a corporation, partnership, joint venture or limited liability corporation that directly, or indirectly through one or more intermediaries, is under “common control” with the person specified. “Control” shall have the meaning set forth in Rule 405 under the Securities Act of 1933.
Affiliated business entity means a parent, an affiliated company, and an associate including a branch of parent, affiliated company, or associate.
Examples of Affiliated business entity in a sentence
Information requests (IRs) from the CCA and the UCA to DERS and the responses that arose during the mediated settlement discussions were filed on the public record of the proceeding.